Is Bow, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bow was a Buyer's Market.
Housing Prices in Bow, WA
How much do homes in Bow, WA cost?
Median Sold Price
$672,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bow was $672,000 in April 2024, down 5.4% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.9K | $680K | +58.2% |
2 Bedrooms | $675K | $531.7K | -21.2% |
3 Bedrooms | $668.5K | $675K | +1.0% |
4 Bedrooms | $764.4K | $785K | +2.7% |
5+ Bedrooms | $950K | $1.0M | +5.3% |
Summary: Bow housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.2%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Bay View | $580K | $651.5K | +12.3% |
Bow | $710K | $672K | -5.4% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Summary: The Bow real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bow housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bow in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Bow, WA
How long does it take to sell a home in Bow, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 37 Days | -31.8% |
Summary: Homes in Bow had an average of 37 days on market in Apr 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Bow; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.